Overview and Scope
Pet care e-commerce is a website used to bridge the gap between pet parents and correct pet care information. Social media have been used as a tool along with the website. Brands have created a reliable online marketplace with a D2C business model so pet parents can choose from pet care brands that best fit their pet’s needs.
Sizing and Forecast
The pet care e-commerce market size has grown rapidly in recent years. It will grow from $27.87 billion in 2023 to $31.31 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to increasing pet ownership, urbanization, growing use of the Internet and smartphones, shifts in lifestyle, increasing awareness of pet health.
The pet care e-commerce market size is expected to see rapid growth in the next few years. It will grow to $49.05 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to adoption of subscription-based services, rise of automation, increasing preference for environmentally friendly pet care, growth in online veterinary consultations, globalization of e-commerce. Major trends in the forecast period include health monitoring wearables, virtual pet adoption, pet food subscription services, innovative packaging, DIY pet grooming kits.
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Segmentation & Regional Insights
The pet care E-commerce market covered in this report is segmented –
1) By Product: Pet Grooming Products, Pet Food, Medications (OTC/Supplies), Other Products
2) By Animal Type: Canine, Feline, Crawler, Other Animals
3) By Application: Fungal Infections, Digestive Problems, Other Applications
North America was the largest region in the pet care e-commerce market in 2023. The regions covered in the pet care e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising pet adoption rate is expected to drive the pet care e-commerce market. Pet adoption refers to shelters and rescues full of loving, spayed or neutered, vaccinated, and trained pets who are just waiting to meet you. Pet care brands are upping their marketing game and expanding their e-commerce presence to connect with consumers. For instance, in July 2022, according to the American Society for the Prevention of Cruelty to Animals, a US-based non-profit organization, only 3.2 million of the roughly 6.5 million animals that enter shelters each year are adopted. Further, in July 2022, according to the Humane Society, an India-based animal protection organization, every year, 31% of cats and 28% of dogs are adopted from shelters. Therefore, rising pet adoption is driving the growth of the pet care e-commerce market.
Key Industry Players
Major companies operating in the pet care e-commerce market report are Walmart Inc., Amazon.com Inc., Nestlé S.A., Colgate-Palmolive Company, Chewy Inc., Zoetis Inc., PetSmart Inc., Petco Health and Wellness Company Inc., Pet Supplies Plus LLC, Blue Buffalo Company Ltd., PETstock Pty Ltd., BarkBox Inc., PetMed Express Inc., Groomers Delight LLC, Champion Petfoods LP, Dover Saddlery Inc., SmartPak Equine LLC (SmartPAK), NomNomNow Inc. HealthyPets Inc., Revival Animal Health Inc., PetFlow LLC, TABcom LLC, Ancol Pet Products Limited, Ollie Pets Inc., Spot & Tango LLC, Wild One Holdings LLC The Pawfect Box Ltd., CatLadyBox LLC, PetPlate Inc., Doskocil Manufacturing Company Inc.
The pet care e-commerce market report table of contents includes:
1. Executive Summary
2. Pet Care E-commerce Market Characteristics
3. Pet Care E-commerce Market Trends And Strategies
4. Pet Care E-commerce Market – Macro Economic Scenario
5. Global Pet Care E-commerce Market Size and Growth
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31. Pet Care E-commerce Market Other Major And Innovative Companies
32. Global Pet Care E-commerce Market Competitive Benchmarking
33. Global Pet Care E-commerce Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pet Care E-commerce Market
35. Pet Care E-commerce Market Future Outlook and Potential Analysis
36.Appendix
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